Projected Profit/Loss

PROJECTED EXPENSES FOR MENTAL SERVICES

Student’s Name

Institution Affiliation

Projected Expenses for Mental Health Services

Capital Project Budget

The mental health services should have a budget for safety and environmental compliance totaling to $5,000. Also, management should enact measures to prevent pollution and environmental destruction. The company should use the fund to get certification for various activities on the premises so as to ensure the people living in that facility enjoy excellent services (Dropkin, Halpin, & LaTouche, 2007). The company should set aside $6,400 for strategic initiatives that will help to improve services.

The facility contingency plan is about $2,000. The amount is sufficient to cater to eventualities such as the absence of a care provider where the hospital will need to hire staff on locum. Also, in case of a sudden need for advanced medical care, the amount can cater for it. The health care centre will also need $3,300 for miscellaneous improvements such as buying beddings and clothing.

The major construction happening in the facility is an abolition block. The abolition block will be allocated $50,000. The facility will purchase minor equipment worth $15,000 and major equipment worth $30,000. The company will use the money to buy an intraosseous access device, a manual and automated external defibrillator for better performance, plus other essential equipment.

Capital Budget for a Building

The mental health care facility is seeking to construct an award to house its growing numbers of mentally challenged individuals. The total budget for the building is $147,300. The cost of the architectural and engineering design is $4,500. The design is essential for approvals and ensuring that the building attains the necessary standards. The construction for the ward has been allocated $115,000. The estimated amount is a figure given by the experts who are the engineers and architects who drew the plan.

The tenant improvement allowance entails the amount of money the landlord is prepared to spend to renovate office spaces. The facility will use $10,000 to facilitate the repair of office spaces and various places in the hospital. The ward will require new heat and cooling systems that will ensure the patients can have access to warm or hot-cold when they take a bath. The property management and lease negotiation for any additional place that the facility may require is $2,200. The telephone data system is $2,000. The amount of money will be used to install and maintain the new telephone line to ease communication in and out of the facility.

The contingency amount for the project is $10,000. The cash will cater for any eventualities in the plan. For example, there can be changes in the cost of materials used for construction, and this can affect the project if the budget didn't foresee and planned for such contingency (McCarthy, 2010). The amount will cater for any discrepancies or any shortage that may occur in the project. Also, in case of any reduction, the amount allocated in the contingency plan can be reduced by 30%.

Personnel Budget Form

The health care patients can be transported in five ways including a private car, taxi, mental health service car, emergency ambulance, and non-emergency patient transport. The physical state of the client, distance travelled, availability of the car, the need for supervision, and family preferences will determine the mode of transport to be used (Chevarley, Owens, Zodet, Simpson, 2006). A cost of $59,100 will be used for transportation program. Also, taxi and staff vans will be used to transport staff to various locations in the facility.

Training, conferences, and meetings will cost $18,600. The expenditure will entail training of staffs, bonding activities, and lunch taken to appreciate staff. The staff will be trained on drug abuse treatment. Also, the staff will be required to have a bonding meeting for new and old staff to meet and know each other. The events will be done in hotels and conferences room. The insurance required for the facility to run will amount to $90,000. The client will also benefit from other programs such as laboratory and diagnostic care, dental care, preventative care, nutritional support, physical and occupational therapy, pharmaceutical care, and substance abuse treatment amounting to 39,000. Further, the company will subscribe to membership programs and various professional activities.

References

Chevarley, F., Owens, P.L., Zodet, M.W., Simpson, L., et al. (2006). Health care for children and youth in the United States: Annual report on patterns of coverage, utilization, quality, and expenditures by a county level of urban influence. Ambulatory Pediatrics, 6(5), 241-64.